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RCM on transportation

vikram kerekar (1241 Points)

14 September 2017

In transportation charges expenses how much limit for rcm. plz cleryfy...

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5 Replies

RAJA P M ("Do the Right Thing...!!!") (127984 Points)
Replied 14 September 2017

If GTA less 750 no RCM....

Local transporters charges not under RCM...

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vikram kerekar (1241 Points)
Replied 14 September 2017

I received transport bill rs 2560 than rcm is applicable or not.
1. rcm limite is rs 5000 than above transaction is applicable for rs 2560 or not I have paid cheque to transporter.
2. i have paid mis exp of rs. 2800 in cheque than rcm is applicable or not.
i am conpusing so plz cleryfy

vikram kerekar (1241 Points)
Replied 14 September 2017

RAJA P M ("Do the Right Thing...!!!") (127984 Points)
Replied 14 September 2017

One day expense limit is 5k. But, if it's any mode of Cheque payment or Cash payment. not is not a matter.

RAJA P M ("Do the Right Thing...!!!") (127984 Points)
Replied 14 September 2017

We received goods or Services from URD then RCM ll be applicable for URD transactions...

1. Transporter is local or GTA...? If GTA RCM is applicable for Rs. 2560. If it's other than GTA (local tempo/auto owner) Not attract GST. it's exempted
2. Not applicable...